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Tue Oct 01 01:39:03 UTC 2024: ## Rubrik CFO Sells $1.6 Million Worth of Stock
**San Francisco, CA -** Rubrik, Inc. (NYSE: RBRK) CFO Kiran Kumar Choudary sold 51,924 shares of the company’s stock on Thursday, September 26th, according to a filing with the Securities and Exchange Commission. The shares were sold at an average price of $31.41, totaling a transaction value of $1,630,932.84. Following the sale, Choudary now directly owns 493,360 shares in the company, valued at approximately $15,496,437.60.
RBRK stock closed at $32.16 on Monday, up $0.20 from the previous day. The company’s trading volume was 2,021,056 shares, compared to its average volume of 1,438,307. Rubrik’s stock has a 12-month low of $28.34 and a 12-month high of $40.00. Its 50-day moving average price is $33.24.
Several hedge funds have recently modified their holdings of RBRK. Register Financial Advisors LLC, Sei Investments Co., PFG Investments LLC, Natixis Advisors LLC, and Bank of Montreal Can all acquired new positions in Rubrik during the second quarter, totaling an investment of over $1.3 million.
Rubrik, Inc. provides data security solutions to businesses and individuals worldwide. The company offers a variety of services, including enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions. It serves a diverse range of sectors, including finance, retail, transportation, energy, healthcare, technology, media, communications, and public sectors.